I use QB 2005 Pro to keep books in my small repair business.
Sometimes I remove serviceable parts which I may be able to use later when repairing equipment. My plan is to credit the customer on the invoice.
So far (it's a fairly new business) I have sold a few parts I found lying around the shop. I have created some non-inventory items for this (xyz part, used, tested).
To credit a customer invoice for a used part I receive, is it sufficient to create a discount expense either for individual parts or for categories of parts?
I'm too small to get very complicated, if the bookkeeping overhead is great, or if there is a significant risk of getting into trouble with any authorities later, I just won't do it.
Is there a QB button somewhere I can just push to set this up? Maybe in a newer version?